Rupee rebounds: INR pulls back as RBI support, softer dollar offer relief; currency ends the day at 89.96 per USD
The rupee pulled back from its weakest-ever level on Thursday, ending the day at 89.96 against the US dollar, a gain of 19 paise, as a softer dollar index and reports of the Reserve Bank of India’s intervention helped steady the currency. Traders said the US dollar lost ground after ADP non-farm payroll numbers came…
Is Khamenei Hiding In Bunker? Speculations Mount As US Abraham Lincoln Strike Group Approaches Iran
The deployment of the US Navy’s Abraham Lincoln carrier strike group to the Central Command zone has fuelled speculations over Iran’s political trajectory, with renewed focus on the position of Supreme Leader Ayatollah Ali Khamenei amid widespread unrest and growing international pressure. The move coincides with a period of heightened unrest in Iran, where protests…
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Glitch reporting rules for brokers streamlined
MUMBAI: Markets regulator Sebi on Friday said that brokers with less than 10,000 clients do not need to report technical glitches at their end. It also doubled the reporting time for such incidents to two hours, and also excluded brokers from complying to the rules when technical glitches do not affect trading, and also the…
Six of top-10 firms lose over Rs 3 lakh crore in market cap; TCS, Infosys hit hard
The combined market valuation of six of the top-10 most valued firms eroded by more than Rs 3 lakh crore last week, with IT majors Tata Consultancy Services (TCS) and Infosys emerging as the biggest laggards amid a bearish trend in equities.The 30-share BSE Sensex declined 953.64 points, or 1.14 per cent, during the week.Besides…
PM Modi urges eligible youth to register as voters during Mann Ki Baat | India News
PM Narendra Modi (File photo) NEW DELHI: Prime Minister Narendra Modi on Sunday urged young citizens to register as voters upon turning 18, calling it a vital step towards strengthening India’s democracy and fulfilling their constitutional responsibility.Speaking during the 130th episode of his monthly radio programme Mann Ki Baat, Modi highlighted the significance of the…
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U.S Bank Tests Custom Stablecoin Issuance on Stellar Network
The nation’s fifth-largest commercial bank explores how a bank can issue stablecoins on a public blockchain. Source link
Nirav Modi: UK court rejects Nirav Modi’s bid to stall extradition | India News
A UK court has rejected fugitive diamantaire Nirav Modi‘s petition to reopen his extradition order, bringing him closer to facing charges in India, reports Rajshekhar Jha.The High Court of Justice, King’s Bench Division, while handing down the judgment, observed that the petition and the circumstances surrounding it were not exceptional to revisit earlier extradition order,…